Define Economic downturn. Economic downturn synonyms, Economic downturn pronunciation, Economic downturn translation, English dictionary definition of Economic downturn. n. A tendency downward, especially in business or economic activity. American Herita
Collins Definition Verb /ˈdounˌtərn/, Font size: downturns, plural; Turn (something) downward - his downturned mouth Noun A decline in economic, business, or other activity - a downturn in the housing market Web Definitions: a worsening of business or economic activity;...
Tobin’s Q was calculated using market capitalization, necessitating that all analyzed firms were stock listed, resulting in the sample being relatively large and well established. The levels of financial constraints might be even more distinct if private firms were included. When defining the key ...
RR refers to a portion of exposure recovered throughout the workout process, and its working definition is given by RR=Amount recovered or total repayments made over a period t after defaultAmount outstanding at defaultRR=Amount recovered or total repayments made over a period t after default...